News

WASHINGTON (AP) — U.S. construction spending rose 0.6 percent in September to the highest level since March 2008, pushed up by a surge in apartment building. The Commerce Department said Monday that spending on construction rose to a seasonally adjusted ...

The U.S. Department of Transportation will provide $25 million for track and safety improvements at uptown’s proposed multi-modal Gateway Station. The funds will be used to remove existing track infrastructure, construct a passenger-freight bridge, and install tracks and signals. The ...

WASHINGTON – September marked a slowdown in Americans signing contracts to buy homes, the second consecutive decline for a real estate market that has been rebounding for the first half of 2015. The National Association of Realtors said Thursday that ...

Construction employment in the Charlotte-Concord-Gastonia region grew by 5,300 jobs in September to 58,600 from 53,300 a year earlier. That 10 percent increase placed the metro 30th in the nation for growth rate. The Associated General Contractors of America surveyed ...

The Town of Davidson Board of Commissioners decided Tuesday night to put a plan to redevelop 3.5 acres downtown on pause after residents voiced concerns and objections to the project earlier this month. Residents packed the commissioners’ work session Tuesday ...

A vision for redeveloping 60 acres in the North Tryon Street area is scheduled to be released in November and the Charlotte City Council could vote to approve it in early 2016. Michael Smith, president and CEO of Charlotte Center ...

WASHINGTON (AP) — Solid sales pushed up U.S. home prices at a steady pace in August from a year earlier, a sign that the housing market is improving despite a slowdown in the overall economy. The Standard & Poor’s/Case-Shiller 20-city ...

Despite a Charlotte-Mecklenburg Planning Committee recommendation against building a K-8 school at the former Eastland Mall, the Charlotte City Council gave a nod to its staff’s plans to continue negotiating a land sale with Charlotte-Mecklenburg Schools. The council also voted ...

Opponents of the planned tolling of lanes on Interstate 77 continue to raise questions about the state’s contract with a Spanish construction company, and the North Carolina Department of Transportation has been slow to answer them. Uncertainty remains about taxpayers’ ...

The share of homes that were bought with cash in the Charlotte area fell 2.9 percentage points in July from a year earlier, according to real estate information and analytics provider CoreLogic. Cash sales in the Charlotte-Concord-Gastonia area accounted 25.2 ...